ロング

Buy XAGUSD LONG current Market to 29.20

アップデート済

https://www.tradingview.com/x/luZKgVI4/

Gold rallying in open of Asian session.

Let's run a cautious LONG on silver at current price

We can see the Gold price showing strength so far in rising wedges on lower timeframes

ノート

Sorry buy up until 29.10
SL 28.80

トレード稼働中

Let's take a partial profit at 29.40 for Silver

ノート

Recent Fib retracement complete in Silver;

トレード稼働中

Long Silver at current prices
* resistance currently in gold price 2490 to 2500 Pyscological barrier.

ノート

Gold price had heavy resistance under the 1M 20EMA but has just broken through 2490 again.

トレード稼働中

Long Silver......Be aware that 2500 is npw strong resistance for the Gold price...USDX is down so far today...that is good.

ノート

The gold price got rejected around 2490 again but has since pushed up through this resistance....need to break 2500 soon.

トレード稼働中

Long Silver for 30 minutes now.

the gold price needs a strong push upwards to. 2500 or selling and topping will form.

ノート

the gold price is getting support on the 1m 50 EMA.. Any break down of this EMA and I will close the LONG in silver

トレード終了: 利益確定目標に到達

Gold not getting the support I want to see.

ノート

You can see here 2 x red resistance areas. Also I would prefer to see the Gold price get above our blue 50 EMA on the 1 hour chart. Gold price started strong but met a lot resistance from 2490 to 2500.
If you have a trailing stop on silver you might be still good....

ノート

USDX breaks support downwards on an MTOP formation.
However, it will in all liklihood play-out it's move downward soon and start retracing upwards... Gold will then fall again sustainably.

トレード稼働中

Short trade in Gold soon perhaps.
See here where the gold price if forming up under the 20ema light blue and 50ema dark blue.
There is also a cross-down of the 20ema under the 50ema.

ノート

Rejection of upwards movement in price as the 20EMA crosses below the 50EMA. USDX right of screen is about to finish falling from an MTOP breach lower. It may start climbing again soon after finding support in the green zone left of screen.